Sirius XM (SIRI) Misses Q2 EPS by 1c; Raises Outoook

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Go back to Sirius XM (SIRI) Misses Q2 EPS by 1c; Raises Outoook

SiriusXM Reports Second Quarter 2016 Results

July 26, 2016 7:00 AM EDT

NEW YORK, July 26, 2016 /PRNewswire/ -- SiriusXM today announced second quarter 2016 operating and financial results, including record quarterly revenue of $1.2 billion, up 10% from the second quarter of 2015.

Net income totaled $173 million in the second quarter of 2016, up 68% from $103 million in the second quarter of 2015. Net income per diluted common share was $0.03 in the second quarter of 2016 compared to $0.02 in the second quarter of 2015. Adjusted EBITDA in the second quarter of 2016 was $468 million, a record quarterly high and a 13% increase from $415 million in the prior year... More